The entrepreneur should have a clear idea on what is his purpose of putting up his enterprise. This is what the entrepreneur must establish to achieve the company's mission.

• Vision

• Objectives

• Progress

• Time Allocation

This is a government agency where the business will register the company name.

• Securities and Exchange Commission

• SSS, PhilHealth, and Pag-Ibig Fund Registration

• Mayor’s Business Permit

• Department of Trade and Industry

Discusses about manufacturing equipment used in the production of goods or delivery of services.  

• Manpower

• Method

• Material

• Machine

A duplication of a product it will be

produced, which may contain such details

as colors, graphics, packaging and

directions.

• Sample

• Prototype

• Supply

• New product

It is a structure of

organizations, people, activities,

data, and resources involved in

moving a product or service from

supplier to customer.

• Manufacturing chain

• Organizational Chian

• Supply Chain

• Supplier

It represents the location where

the buyer and seller exchange goods

or services.

• Place

• Positioning

• Packaging

• People

It refers to the

outside appearance of a product and

how it is presented to the customers.

• Positioning

• Product

• Price

• Packaging

A government registration for getting the license to operate in the city or municipality and payment of your local business taxes.

• BIR Registration

• DTI registration

• Mayor's Permit Registration

• Securities and Exchange Commission Registration

All of the choices are in the 7 P's of Marketing mix except:

• Product

• Positioning

• Price

• Profit

An entity that offers goods and

services to another business. It leads you to the fulfillment of your business

objectives, mission and vision.

• Supplier

• Partner

• Manufacturer

• Consumer